Stout was retained by the largest North American distributor in its category to support the formation of several joint ventures with a well-known equipment manufacturer, whereby our client was acquiring a controlling interest. The scope of our analysis included a fair value determination of certain intangible assets acquired in the transactions and noncontrolling equity interests, as well as historical carve-out goodwill impairment testing in advance of the buyer’s 8-K disclosures. Separately, Stout advised the company’s board of directors on certain elements of a restricted stock grant to the company’s CEO, in addition to valuation support relating to the CEO’s gifting of certain equity interests to designated parties.